author_pagero
Pagero

Share This Article

Malaysia will introduce a countrywide e-invoicing mandate from June 2024

12 April 2023
Malaysia

Today, Pagero participated in the Service Provider engagement session organized by the Inland Revenue Board of Malaysia (LHDNM) and the Malaysian Digital Economy Corporation (MDEC) on implementing the National e-Invoicing system in Malaysia.   LHDNM introduced a hybrid centralized CTC model combined with the Peppol network. Suppliers are obliged to submit invoices to the LHDNM for prior validation and approval before sending them to the buyers. LHDNM will provide a Certification Serial Number once the invoice is approved and send an email notifying both the issuer and recipient. Taxpayers can then choose the exchange method for their cleared invoices, where...